On-line tyre supplier Delticom welcomes the 1,000th fitting partner, Robert Henderson from Summerlea Garage in Glasgow, who has joined the company in the UK. He joins other companies in the UK who have become fitting partners at www.mytyres.co.uk , the online shop for purchasing tyres. Delticom has a well-developed network of service partners in Europe. There are more than 7,900 satisfied fitting partners across Europe enjoying working together with Delticom.
When it comes to online tyre sales, Delticom claims the position of European market leader, with 47 business to consumer (B2C) online shops in 21 countries. Alongside its core tyre business, Delticom is expanding its range of car products to include spare parts, roof racks, garages, motor oil and batteries for both private and business customers.
Delticom’s recent financial results reflect the company’s confidence. In the first-half of 2005 Delticom increased turnover to 56 million euros, compared wit 34 million euros in the same period the previous year. This 65 per cent increase means the company expects its full-year sales to total some 110 million euros.
Europe’s biggest online tyre dealer, the Hanover based Delticom AG, has signed an investment contract with a local bank and a local private equity firm. The deal is the company’s second investment contract. Four years ago the online tyre dealer took on an investor, the company writes in its press release. With this new deal Delticom is seeking to allow for further international expansion and the build-up of a global network, explain the company’s two chairmen Andreas Prüfer and Rainer Binder. “With regards to a possible floating of our shares we are well prepared,“ they say. Delticom has not published the size of the new investment contract or any figures relating to the ownership situation of the company. This year Delticom expects to achieve a turnover of £44.5 million.
Tyre dealer Delticom AG increased sales in the fourth quarter to 12 million Euros (4Q 2001: 7.7 m Euros). Earnings for the year were 34 million Euros (2001: 21.7 m Euros), half of which was through internet trading. Last year the company recorded 40 million accesses at its online tyre shops in eight countries. Months with highest revenues were October to December, when Delticom sdays orders were running at 1,000 per day.
On-line tyre retailer mytyres.net has set up in Glasgow, UK, following in the footsteps of Germany, Austria, Switzerland, the Netherlands and Sweden. The company behind mytyres.net is Hanover-based Delticom AG, which last year achieved on-line tyre sales of 21.7 million Euros. It promises next day guaranteed delivery on mainland Britain for orders placed before 12 noon and offers tyres from more than 40 manufacturers.
German e-commerce company Delticom AG (Hanover) is expanding to other European countries and is now starting to sell tyres and wheels via the Internet (www.mytyres.co.uk) in Great Britain. A subsidiary company, Delticom Ltd., has been founded in Oxford, with Lennart Pluim as Managing Director.